Coinbase (COIN) posted its Q4 2024 earnings report, significantly beating expectations by investors. The leading crypto exchange benefited from a major bull move in crypto during the fourth quarter, which helped its shares climb. The company posted $2.3 billion in revenue for Q4, 23% higher than expectations.

Coinbase’s trading volume rose 185% from a year earlier to $439 billion. COIN stock was up 8.4% during Thursday’s trading session, and is up an additional 3.3% after hours. Adjusted earnings for the three months of $1.3 billion topped the consensus of $906.9 million. Additionally, Coinbase transaction revenue of $1.56 billion was higher by 194% year-over-year.

Brian Armstrong Sets The Stage for Coinbase In 2025

“Crypto’s voice was heard loud and clear in the U.S. elections, and the era of regulation via enforcement that [hurt] our industry in the U.S. is on its way out,” said CEO Brian Armstrong in his shareholder letter following earnings. “Our goals in 2025 are to drive revenue, drive utility, and scale our foundations.”

In 2025 thus far, Coinbase COIN stock is up 20%. The company is not only thriving from crypto being in the regulatory spotlight but also from its partnerships and updates. Earlier this month, Coinbase received regulatory approval to launch crypto services in the UK. Indeed, the platform was granted a Virtual Asset Service Provider (VASP) registration in the United Kingdom. It is also expected to benefit from the United States’ potential digital asset stockpile and Bitcoin reserve. As BTC becomes a crucial part of the US economy under the new administration, exchanges like Coinbase will only further thrive.

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This year, Coinbase expects to further develop its staking, custody, and Coinbase One software. Coinbase is also actively engaging with regulators and legislators to help shape crypto regulation in the US. The company is confident that “stablecoin and market structure legislation will pass,” and will only benefit COIN stock further in 2025.





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